May I say something different, looking from both sides of the same coin.
Vision 2030 looks great on paper and can only be realised if the projections and expected growth are in sync with actual and market situation from now to 2030.
The grand vision of 4 fold jump of AUM from current 50 billions to 200 billions and similarly bullish growth and monetisation looks impressive and salivary. However, unless we also know of a contingency plan to see through the expected targets if the future market situation is not in accordance to projected growth plan. Hitherto, all these are just a grand vision and plan before materialisation.
And on the flip side of the coin, there's the opposite - remember the not too distant past of Keppel Corp share plunge when the stick was the market darling and doing so well. Who would have guessed that?
So, what I'm saying is, it's always prudent to consider the prevailing market environment vis-a vis growth vision and plan especially when we're looking at huge targeted 4 fold growth vision.
And it's equally important to note the starting point of the plan for it's always easier when one starts at ground zero and it's a totally ball game when one is at the middle or higher reference point.
Having said that, if I'm convinced, I would rather tread carefully and invest bit by bit and gauge the expected and actual growth as time goes by, rather than throwing everything all at once into this pot.
Footnote: I'm not suggesting that this grandeur vision is unrealistic but just words of caution especially in today's turbulent time, market volatility and changing landscape.
Good luck!
Comments
Things are changing everyday so we need to be more cautious.
We’d better hold more cash during this time.
What is the same coin mentioned here?